Optimum Communications, Inc.OPTU

Optimum Communications, Inc. Segments Disclosure

10-KFiled Feb 13, 20262 min read
SEGMENT REPORTING
We principally deliver broadband, video, telephony, and mobile services to residential and business customers, as well as proprietary content and advertising services in the United States. Our connectivity services are provided through a converged fixed and mobile network and key operating activities and resource allocation decisions are managed centrally. Our chief executive officer is the chief operating decision maker ("CODM"). Our CODM assesses performance and decides how to allocate resources based on our consolidated statements of operations. Our CODM manages the business on a consolidated basis such that we have a single operating segment. The Company’s segment performance measure is consolidated net income (loss).
The following table presents significant expenses that are not separately presented on the statements of operations that are reviewed by the CODM.
Years Ended December 31,
202520242023
Programming costs$1,919,265 $2,251,316 $2,456,158 
Other direct costs (a)717,916 645,254 573,684 
Programming and other direct costs$2,637,181 $2,896,570 $3,029,842 
Sales and marketing$674,541 $651,005 $618,068 
Network services523,531 555,385 593,492 
Other (b)1,483,668 1,505,438 1,434,698 
Other operating expenses (c)$2,681,740 $2,711,828 $2,646,258 
(a)Other direct costs include interconnection, call completion, circuit and transport fees paid to other telecommunication companies for the transport and termination of voice and data services. These costs also include franchise fees which are payable to the state governments and local municipalities where we operate. Additionally, these costs include the cost of
media for advertising spots sold, the cost of mobile devices sold to our customers and direct costs of providing mobile services.
(b)Other operating expenses include costs related to our call center operations that handle customer inquiries and billing and collection activities, costs related to our information technology systems, costs related to our news and advertising business, as well as our Lightpath business, and various other operating costs such as share-based compensation, corporate overhead and facilities.
(c)Other operating expenses for CSC Holdings for the years ended December 31, 2025 and 2024 amounted to $2,691,793 and $2,713,642 include additional costs of $10,053 and $1,814, respectively, that were eliminated at Optimum Communications.
The measure of segment assets is reported on the balance sheet as total consolidated assets.

Historical Timeline

Fiscal YearFiled
2025Feb 13, 2026Showing above
2024Feb 13, 2025
2018Mar 6, 2018

About Segments Disclosures

Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.

Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.

Other Available Disclosures

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